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JBM Group signs exclusivity pact to buy Fortum's EV charging business in India

New Delhi, Dec. 29 -- Gurugram-headquartered JBM Group has signed an exclusivity agreement to acquire a majority stake in GLIDA, the Indian electric vehicle (EV) charging network of Finnish state-run ... Read More


Budget 2026: Centre plans to invest Rs.30,000 crore in NIIF

New Delhi, Dec. 23 -- The Union government is planning an equity infusion of Rs.30,000 crore in India's sovereign wealth fund, according to two people familiar with the development, signalling a conti... Read More


SECI pulls up Rajasthan discom for reneging on power sale pact; GIP, IFC, KKR-backed project developers in a tizzy

New Delhi, Nov. 23 -- A standoff between state-run Solar Energy Corp. of India (SECI) and Rajasthan Urja Vikas and IT Services Ltd (RUVITL) over a power sale agreement has raised concerns about the ad... Read More


SECI pulls up Rajasthan discom for reneging on power sale pact; BlackRock, IFC, KKR-backed project developers in a tizzy

New Delhi, Nov. 23 -- This latest setback also comes in the backdrop of union power ministry directing the SECI, NTPC Ltd, NHPC Ltd, and SJVN Ltd to cancel the awarded contracts by the end of this mon... Read More


Welspun taps EY for next big clean-energy stake sale of $100 million

New Delhi, Nov. 18 -- Close to a decade after selling its renewables portfolio to Tata Power, billionaire B.K.Goenka's Welspun World has charted out its next big deal. This time, it has hired EY to se... Read More


IFC, Siemens, Fullerton may buy 49% in Hygenco

New Delhi, Nov. 17 -- The World Bank's International Finance Corp. (IFC), Munich-headquartered Siemens AG, and Singapore's Fullerton Fund Management may acquire at least 49% in Gurugram-based green hy... Read More


IFC, two others may pick 49% in green H2 maker Hygenco

New Delhi, Nov. 17 -- The World Bank's International Finance Corp. (IFC), Munich-headquartered Siemens AG, and Singapore's Fullerton Fund Management may acquire at least 49% in Gurugram-based green hy... Read More


IFC, two others may pick 49% in Hygenco

New Delhi, Nov. 17 -- The World Bank's International Finance Corp. (IFC), Munich-headquartered Siemens AG, and Singapore's Fullerton Fund Management may acquire at least 49% in Gurugram-based green hy... Read More


IFC, two others may pick 49% in green H2 maker Hygenco

New Delhi, Nov. 17 -- The World Bank's International Finance Corp. (IFC), Munich-headquartered Siemens AG, and Singapore's Fullerton Fund Management may acquire at least 49% in Gurugram-based green hy... Read More


IFC, Siemens, Fullerton may buy 49% stake in clean hydrogen maker Hygenco in $250 million deal

New Delhi, Nov. 16 -- New Delhi: The World Bank's International Finance Corp (IFC), Munich-headquartered Siemens AG, and Singapore's Fullerton Fund Management may acquire at least 49% in Gurugram-base... Read More